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Qantas Hikes Fares, Deepens Cuts to Flying as Fuel Costs Bite

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Transportation Qantas Hikes Fares, Deepens Cuts to Flying as Fuel Costs Bite Qantas Airways Ltd. is hiking air fares and making deeper cuts to its domestic flight schedules early next year to tackle rising fuel prices. The airline will reduce flying in Australia by 4% in the first three months of 2027, it said Friday. That’s double the 2% cut that Qantas forecast in August.

Transportation Qantas Hikes Fares, Deepens Cuts to Flying as Fuel Costs Bite Qantas Airways Ltd. is hiking air fares and making deeper cuts to its domestic flight schedules early next year to tackle rising fuel prices. The airline will reduce flying in Australia by 4% in the first three months of 2027, it said Friday. That’s double the 2% cut that Qantas forecast in August. Low-cost unit Jetstar and Qantas, the premium brand, are both scaling back their schedules.
Qantas Hikes Fares (ORG) Qantas Airways Ltd. (ORG) Australia (LOCATION) Qantas (ORG) Jetstar (ORG)
Originally published by Bloomberg Markets Read original →